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Dash Price: falls to $45.98

Dash Price Analysis Dec

Dash price falls to 45.98 US Dollars after resting above the $49.00 mark on the price chart for most of December 16.

Dash Price 1-Day Analysis – 16th December (DASH/USD)

Dash Price Analysis Dec 16 Chart 1

Dash Price Chart by Trading View

As per the price chart posted above, Dash stepped into December 16 with a price above $50.50 while it strayed towards the $50.00 mark right after a few minutes into the day. The DASH / U.S. Dollar trading pair sketched right next to the $50.00 level until 7:37 GMT when it saw bears and got dragged towards the $49.00 mark. The Dash price line varied near this price level until 18:15 GMT, after which the cryptocurrency saw a bearish drop to the $45.00 level, where it marked its day’s low.

The Dash price line stretched in the $45.00 to $47.00 range until it met its current trading price of 45.98 US Dollars, just before December 16 came to an end.

Technical Indicators

Dash Price Analysis Dec 16 Chart 2

Dash Price Chart by Trading View

Before meeting its current value of 46.93, the Relative Strength Index (RSI) was observed between the levels 30 and 70 for most of the 24-Hour price analysis. Between the 18:04 — 19:00 GMT interval, the RSI drifted below the 10.00 level on the graph.

The Moving Average Convergence Divergence lines stretched relatively straight graphs until the trading pair saw bears after 18:15 GMT, after which the 20-Day Exponential Moving Average (EMA), along with the 50-Day Simple Moving Average (SMA), converged towards the cryptocurrency’s price line. At the time of writing, the EMA was observed at $45.99, while the SMA stood at $46.01.

Featured Image Background by Saxon White

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

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